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Productivity Growth in the US Food and Kindred Products Industry

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  • Fousekis, Panos
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    Abstract

    The paper provides estimates of productivity growth in the 4-digit SIC food and beverages manufacturing industries in the US for the period 1986-96 using Balk's (2001) decomposition of the Malmquist productivity index (MPI). The empirical results suggest that for the overwhelming majority of industries productivity changes we driven primarily by technical change and technical efficiency change. A comparison between the Divisia index estimates provided by the US NBER and the MPI estimates shows that they had different distributions and the former were systematically lower than the latter.

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    File URL: http://purl.umn.edu/26443
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    Bibliographic Info

    Article provided by Greek Association of Agricultural Economists in its journal Agricultural Economics Review.

    Volume (Year): 04 (2003)
    Issue (Month): 2 (August)
    Pages:

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    Handle: RePEc:ags:aergaa:26443

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    Web page: http://www.etagro.gr/
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    Related research

    Keywords: Productivity Analysis;

    References

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    1. Rigoberto Lopez & Azzeddine Azzam & Carmen Lirón-España, 2002. "Market Power and/or Efficiency: A Structural Approach," Review of Industrial Organization, Springer, vol. 20(2), pages 115-126, March.
    2. Sanjib Bhuyan & Rigoberto A. Lopez, 1997. "Oligopoly Power in the Food and Tobacco Industries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 1035-1043.
    3. Sanjib Bhuyan & Rigoberto A. Lopez, 1998. "Oligopoly Power and Allocative Efficiency in US Food and Tobacco Industries," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(3), pages 434-442.
    4. Azzam, Azzeddine M. & Schroeter, John R., 1995. "The Tradeoff Between Oligopsony Power and Cost Efficiency in Horizontal Consolidation: An Example from Beef Packing," Staff General Research Papers 5062, Iowa State University, Department of Economics.
    5. Dunne, Timothy & Schmitz, James A, Jr, 1995. "Wages, Employment Structure and Employer Size-Wage Premia: Their Relationship to Advanced-Technology Usage at US Manufacturing Establishments," Economica, London School of Economics and Political Science, vol. 62(245), pages 89-107, February.
    6. Gray, Wayne B, 1987. "The Cost of Regulation: OSHA, EPA and the Productivity Slowdown," American Economic Review, American Economic Association, vol. 77(5), pages 998-1006, December.
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